What is it about?
The paper investigates the developmental status of the Member States of the European Union (EU) in the wake of the global financial crisis. In particular, it attempts to answer the following questions: 1. To what extent are any of the EU's Member States considered to be developing countries? 2. What, if anything, is the EU doing for these jurisdictions? 3. To what extent has the global financial crisis and the response to it affected the picture in terms of developing countries, especially within Europe?
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Why is it important?
The paper integrates the 3 items - development, the European Union and the global financial crisis - by considering them in pairs. An index is calculated in order to measure (sustainable) development - cross-sectionally in respect of the European Union's Member States, and longitudinally with regard to 4 developing countries outside Europe - in order to help to assess the extent to which the global financial crisis has affected these countries.
Perspectives
I thoughly enjoyed researching and writing this paper. The discoveries were new. and it was enjoyable to perform quantitative research when much (although not all) of my published work is qualitative. I hope that the article's findings are valuable to other researchers, and that it stimulates ideas for related studies.
Dr Graeme Baber
Read the Original
This page is a summary of: Development, the European Union and the financial crisis: assessing the picture, Journal of Financial Crime, May 2016, Emerald,
DOI: 10.1108/jfc-09-2015-0049.
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